Aviva Survives Fuel Rises

Summary


Transport group Arriva has unveiled improved profits from its UK bus operation, despite a pounds 3 million hike in its half-year fuel bill.

The Sunderland-based group - which runs buses into Birmingham from Tamworth, Burton-upon-Trent, Lichfield and Sutton Coldfield - said cost controls and improved revenues, including from some fare rises, helped the division to operating profits of pounds 30 million in the six months to June 30, an increase of pounds 1 million on last year.

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Aviva Survives Fuel Rises

Chief executive Bob Davies said the division's fuel bill would be pounds 14 million higher in 2006. He als...

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